Affordable

What Salary Do You Need to Live in London?

To afford a 2-bedroom in London, you need to earn at least $41,120/year based on estimated fair market rent data. The median household income here is $50,750, which means the typical resident is $9,630 above the threshold.

Census ACS Data Pop. 1,113

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$720	$2,400	$28,800	$-21,950
1 Bedroom	$853	$2,843	$34,120	$-16,630
2 Bedroom BENCHMARK	$1,028	$3,427	$41,120	$-9,630
3 Bedroom	$1,254	$4,180	$50,160	$-590
4 Bedroom	$1,542	$5,140	$61,680	+$10,930

Affordability Breakdown

Where the required salary line crosses above London's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$50,750

Annual household

2BR Required Salary

$41,120

Under 30% rule

Income Gap

+$9,630

Surplus

Verdict

Affordable

Ratio: 24.3%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in London

Your Annual Salary

Pre-filled with London's median household income

Max monthly rent you can afford$1,269

Studio

$720/mo

1 BR

$853/mo

2 BR

$1,028/mo

3 BR

$1,254/mo

4 BR

$1,542/mo

Your salary is $0 above the median income in London.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for London's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to London

Living in London is well within reach for most median-income earners. With a $9,630 cushion between what residents earn and what a 2-bedroom requires, households in London typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating London, a studio at $720/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,254/month remains accessible for dual-income households earning above $50,160.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $61,680 would position you well — though many residents in London manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in London, Arkansas.

With a total population of 1,113, the city supports an active civilian workforce of 488 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $41,120 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

488

Active civilian employees in London

Frequently Asked Questions About Renting in London

What salary do I need to live in London, Arkansas?

To afford a 2-bedroom in London under the 30% rule, you need an annual salary of at least $41,120. The median household income in London is $50,750.

Can I afford a 2-bedroom in London on $50,750?

The affordability verdict for London is "Affordable". The rent-to-income ratio is 24.3%, meaning median earners have a $9,630 surplus.

What is the average rent in London compared to median income?

The median gross rent in London is $853/month. With a median household income of $50,750, residents spend approximately 24.3% of their income on rent.

What salary do I need for a studio in London?

A studio in London rents for approximately $720/month. Under the 30% rule, you need an annual salary of $28,800 to afford this.

Is London considered an affordable place to live?

Based on the surplus of $9,630 and an affordability verdict of "Affordable", London is considered a affordable rental market when comparing the required 2-bedroom salary of $41,120 to the local median household income.

How London Compares

Other cities in Arkansas with salary requirements